International blockchain mainnet CONX unveiled the Web3 artwork challenge ‘JOO JAEBUM Enviornment’ collaboration with pixel artist JOO JAEBUM.
JOO JAEBUM is an artist who has redefined the ‘pixel’—the smallest unit of digital imagery—by means of modern portray, establishing a novel presence within the international artwork world. Primarily based on his philosophy that ‘all the pieces on the planet will be pixelated’, JOO JAEBUM creates a universe of coexisting digital and analog. By the creative universe of JOO JAEBUM, CONX goals to precise its core path and imaginative and prescient: reworking the worth of Actual World Asset(RWA) into Digital Asset.
CONX established the primary Web3 collaboratively-created paintings mannequin. The artist will create paintings primarily based on concepts submitted by individuals. As soon as income is generated by means of the sale or secondary use, earnings are transparently distributed among the many artist, the concept supplier, and the platform. Stablecoins like USDC or USDT might be used for the settlement course of. JOO JAEBUM Enviornment is the primary concrete case the place concepts gathered through Web3 are reworked into bodily artwork after which managed by means of a Web3 profit-sharing system.
Members can select one in all two photographs featured on the official web site—Seoul Cityscape or Curious Cat—and freely remodel it into their very own pixel artwork creation. The web site gives an ‘AI Pixel Artwork Instrument’ for straightforward conversion of photographs into pixel artwork, or individuals can draw the pixel picture themselves.
Submissions are accepted by means of the official JOO JAEBUM Enviornment web site till February 2nd at 9 AM (KST) and are open to anybody aged 16 and older. Entries might be evaluated by JOO JAEBUM and a panel of business consultants.
The winner will obtain CONX tokens value a complete prize of $1,000 USD as a Choice Assure, together with official co-creator credit score and a first-sale incentive. The profitable concept might be reworked into an artwork piece by JOO JAEBUM. The paintings might be offered on the web artwork platform ‘Artue’. Particularly, by means of the blockchain-based automated income distribution protocol ‘ODL (On-chain Distribution License)’—developed by CONX’s know-how associate Com2uS Holdings—creators can maintain mental property rights within the type of digital tokens. When gross sales or spinoff makes use of of the paintings generate income, automated settlements happen promptly and transparently in stablecoins USDC or USDT in line with a predetermined price.
CONX, a Layer 1 mainnet that includes participation from international Web3 corporations, is increasing because the ‘next-generation fintech infrastructure’. The community goals to construct an ecosystem enabling conventional monetary establishments, cultural industries, and tech corporations to securely transition real-world property onto the blockchain.
